Global Diamond Jewelry Market Size Study & Forecast, by Cut (Round Brilliant Cut), Clarity (VS2), Color (Near Colorless) and Carat (0.50 CT) and Regional Forecasts 2025-2035

Description

The Global Diamond Jewelry Market, valued at approximately USD 94.06 billion in 2024, is projected to advance at a CAGR of 4.50% throughout the forecast horizon of 2025-2035. Diamond jewelry-long celebrated as a symbol of prestige, commitment, and generational value-continues to evolve as consumers gravitate toward personalized luxury, ethically sourced stones, and modern craftsmanship. The market is fueled by rising disposable incomes, expanding retail networks, and digital transformation that enables buyers to explore, customize, and purchase high-value jewelry with unprecedented ease. Moreover, the enduring demand for diamonds during ceremonial events and global gifting seasons continues to push the industry forward, even as consumers increasingly seek transparency in sourcing and craftsmanship narratives that add emotional weight to their purchases.

Growing fascination with premium diamond attributes has amplified market momentum, especially as consumers become more discerning about cut, clarity, color, and carat combinations that elevate brilliance and investment value. The surge in consumer spending on aspirational luxury goods-supported by improving macroeconomic conditions in emerging markets-has encouraged jewelers to expand curated collections that appeal to distinct lifestyle segments. According to industry associations, global jewelry sales have been steadily climbing, driven by bridal jewelry, customized diamond accessories, and high-net-worth consumer purchases. Meanwhile, technological innovations, such as precision cutting and advanced grading systems, continue to transform the diamond value chain. However, the escalating shift toward lab-grown diamonds-attracting cost-conscious and eco-aware consumers-poses a moderate challenge to natural diamond jewelry demand over the long term.

The detailed segments and sub-segments covered in the report are:

By Cut:

Round Brilliant Cut Diamond

By Clarity:

By Color:

Near Colorless

By Carat:

0.50 CT

By Region:

North America

U.S.
Canada

Europe

UK
Germany
France
Spain
Italy
ROE

Asia Pacific

China
India
Japan
Australia
South Korea
RoAPAC

Latin America

Brazil
Mexico

Middle East & Africa

UAE
Saudi Arabia
South Africa
Rest of Middle East & Africa

Round Brilliant Cut Expected to Dominate the Market

Among all diamond jewelry classifications, the Round Brilliant Cut continues to reign as the undisputed leader, commanding the largest market share due to its unmatched radiance and timeless appeal. Its symmetrical facets optimize light performance, making it the most preferred choice in engagement rings and luxury adornments. Consumers gravitate toward this cut as it consistently delivers superior brilliance and a classic aesthetic that transcends generational trends. Meanwhile, the fastest-growing segment is emerging within alternative fancy cuts, propelled by consumers seeking exclusivity and personalized expression in their jewelry selections. This shift hints at a future market landscape where traditional preferences coexist with rising appetite for bespoke artistry.

VS2 Clarity Leading Market Revenue Contribution

From the clarity perspective, VS2 diamonds currently generate the largest share of revenue, primarily because they strike an attractive balance between visual purity and affordability. VS2 stones are prized for their near-flawless appearance to the naked eye, giving buyers confidence that they are securing a premium-grade diamond without reaching the price thresholds of higher-clarity categories. At the same time, Near Colorless diamonds (typically within the G-J range) dominate in terms of market coverage, driven by their aesthetic versatility and accessibility to a broad consumer base. Meanwhile, 0.50 CT stones are rapidly gaining traction as the fastest-growing segment, fueled by shifting consumer behavior toward minimalist luxury and affordable elegance.

North America remains the most influential region in the global diamond jewelry landscape, accounting for the largest share in 2025. Deep-rooted cultural traditions around bridal jewelry, high purchasing power, and a well-established premium jewelry retail ecosystem continue to anchor the region's dominance. Europe follows with a strong appetite for heritage luxury brands and artisan craftsmanship, supported by steady tourist-driven purchases in major fashion capitals. The Asia Pacific region is predicted to expand at the fastest pace during the forecast period, propelled by swelling middle-class populations, rising luxury spending in China and India, and the rapid modernization of jewelry retail. Additionally, favorable government initiatives supporting gemstone trade, coupled with growing digital penetration, are accelerating jewelry consumption across emerging Asian markets.

Major market players included in this report are:

Tiffany & Co.
Chow Tai Fook Jewellery Group
Signet Jewelers
Richemont
De Beers Group
Harry Winston
Malabar Gold & Diamonds
Buccellati
Blue Nile
Pandora Jewelry
Kalyan Jewellers
LVMH
Graff
Mikimoto
Cartier

Global Diamond Jewelry Market Report Scope:

Historical Data - 2023, 2024
Base Year for Estimation - 2024
Forecast period - 2025-2035
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent to up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of this study is to determine market sizes across several segments and countries over recent years and forecast values through 2035. The report blends quantitative insights with qualitative assessments to illustrate the fundamental forces influencing market dynamics. It offers an in-depth evaluation of drivers, restraints, and emerging opportunities for investors, while also examining micro-market prospects across the diamond jewelry ecosystem. The competitive landscape section highlights strategic initiatives, product innovations, and positioning strategies adopted by key players to strengthen their global footprint.

Key Takeaways:

Market Estimates & Forecast for 10 years from 2025 to 2035.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of the geographical landscape with country-level insights across major regions.
Competitive landscape profiling major companies active in the sector.
Evaluation of key business strategies with forward-looking recommendations.
Comprehensive assessment of market structure.
Demand-side and supply-side analysis of the market.

Chapter 1. Global Diamond Jewelry Market Report Scope & Methodology

1.1. Research Objective
1.2. Research Methodology
- 1.2.1. Forecast Model
- 1.2.2. Desk Research
- 1.2.3. Top Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
- 1.4.1. Market Definition
- 1.4.2. Market Segmentation
1.5. Research Assumption
- 1.5.1. Inclusion & Exclusion
- 1.5.2. Limitations
- 1.5.3. Years Considered for the Study

Chapter 2. Executive Summary

2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. key Findings

Chapter 3. Global Diamond Jewelry Market Forces Analysis

3.1. Market Forces Shaping The Global Diamond Jewelry Market (2024-2035)
3.2. Drivers
- 3.2.1. enduring demand for diamonds during ceremonial events
- 3.2.2. global gifting seasons
3.3. Restraints
- 3.3.1. escalating shift toward lab-grown diamonds
3.4. Opportunities
- 3.4.1. Growing fascination with premium diamond attributes

Chapter 4. Global Diamond Jewelry Industry Analysis

4.1. Porter's 5 Forces Model
- 4.1.1. Bargaining Power of Buyer
- 4.1.2. Bargaining Power of Supplier
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Forecast Model (2024-2035)
4.3. PESTEL Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top Investment Opportunities
4.5. Top Winning Strategies (2025)
4.6. Market Share Analysis (2024-2025)
4.7. Global Pricing Analysis And Trends 2025
4.8. Analyst Recommendation & Conclusion

Chapter 5. Global Diamond Jewelry Market Size & Forecasts by Cut 2025-2035

5.1. Market Overview
5.2. Global Diamond Jewelry Market Performance - Potential Analysis (2025)
5.3. Round Brilliant Cut Diamond
- 5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 5.3.2. Market size analysis, by region, 2025-2035

Chapter 6. Global Diamond Jewelry Market Size & Forecasts by Clarity 2025-2035

6.1. Market Overview
6.2. Global Diamond Jewelry Market Performance - Potential Analysis (2025)
6.3. VS2
- 6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 6.3.2. Market size analysis, by region, 2025-2035

Chapter 7. Global Diamond Jewelry Market Size & Forecasts by Color 2025-2035

7.1. Market Overview
7.2. Global Diamond Jewelry Market Performance - Potential Analysis (2025)
7.3. Near Colorless
- 7.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 7.3.2. Market size analysis, by region, 2025-2035

Chapter 8. Global Diamond Jewelry Market Size & Forecasts by Color 2025-2035

8.1. Market Overview
8.2. Global Diamond Jewelry Market Performance - Potential Analysis (2025)
8.3. carat
- 8.3.1. Top Countries Breakdown Estimates & Forecasts, 2024-2035
- 8.3.2. Market size analysis, by region, 2025-2035

Chapter 9. Global Diamond Jewelry Market Size & Forecasts by Region 2025-2035

9.1. Growth Diamond Jewelry Market, Regional Market Snapshot
9.2. Top Leading & Emerging Countries
9.3. North America Diamond Jewelry Market
- 9.3.1. U.S. Diamond Jewelry Market
  - 9.3.1.1. Cut breakdown size & forecasts, 2025-2035
  - 9.3.1.2. Clarity breakdown size & forecasts, 2025-2035
  - 9.3.1.3. Color breakdown size & forecasts, 2025-2035
  - 9.3.1.4. Carat breakdown size & forecasts, 2025-2035
- 9.3.2. Canada Diamond Jewelry Market
  - 9.3.2.1. Cut breakdown size & forecasts, 2025-2035
  - 9.3.2.2. Clarity breakdown size & forecasts, 2025-2035
  - 9.3.2.3. Color breakdown size & forecasts, 2025-2035
  - 9.3.2.4. Carat breakdown size & forecasts, 2025-2035
9.4. Europe Diamond Jewelry Market
- 9.4.1. UK Diamond Jewelry Market
  - 9.4.1.1. Cut breakdown size & forecasts, 2025-2035
  - 9.4.1.2. Clarity breakdown size & forecasts, 2025-2035
  - 9.4.1.3. Color breakdown size & forecasts, 2025-2035
  - 9.4.1.4. Carat breakdown size & forecasts, 2025-2035
- 9.4.2. Germany Diamond Jewelry Market
  - 9.4.2.1. Cut breakdown size & forecasts, 2025-2035
  - 9.4.2.2. Clarity breakdown size & forecasts, 2025-2035
  - 9.4.2.3. Color breakdown size & forecasts, 2025-2035
  - 9.4.2.4. Carat breakdown size & forecasts, 2025-2035
- 9.4.3. France Diamond Jewelry Market
  - 9.4.3.1. Cut breakdown size & forecasts, 2025-2035
  - 9.4.3.2. Clarity breakdown size & forecasts, 2025-2035
  - 9.4.3.3. Color breakdown size & forecasts, 2025-2035
  - 9.4.3.4. Carat breakdown size & forecasts, 2025-2035
- 9.4.4. Spain Diamond Jewelry Market
  - 9.4.4.1. Cut breakdown size & forecasts, 2025-2035
  - 9.4.4.2. Clarity breakdown size & forecasts, 2025-2035
  - 9.4.4.3. Color breakdown size & forecasts, 2025-2035
  - 9.4.4.4. Carat breakdown size & forecasts, 2025-2035
- 9.4.5. Italy Diamond Jewelry Market
  - 9.4.5.1. Cut breakdown size & forecasts, 2025-2035
  - 9.4.5.2. Clarity breakdown size & forecasts, 2025-2035
  - 9.4.5.3. Color breakdown size & forecasts, 2025-2035
  - 9.4.5.4. Carat breakdown size & forecasts, 2025-2035
- 9.4.6. Rest of Europe Diamond Jewelry Market
  - 9.4.6.1. Cut breakdown size & forecasts, 2025-2035
  - 9.4.6.2. Clarity breakdown size & forecasts, 2025-2035
  - 9.4.6.3. Color breakdown size & forecasts, 2025-2035
  - 9.4.6.4. Carat breakdown size & forecasts, 2025-2035
9.5. Asia Pacific Diamond Jewelry Market
- 9.5.1. China Diamond Jewelry Market
  - 9.5.1.1. Cut breakdown size & forecasts, 2025-2035
  - 9.5.1.2. Clarity breakdown size & forecasts, 2025-2035
  - 9.5.1.3. Color breakdown size & forecasts, 2025-2035
  - 9.5.1.4. Carat breakdown size & forecasts, 2025-2035
- 9.5.2. India Diamond Jewelry Market
  - 9.5.2.1. Cut breakdown size & forecasts, 2025-2035
  - 9.5.2.2. Clarity breakdown size & forecasts, 2025-2035
  - 9.5.2.3. Color breakdown size & forecasts, 2025-2035
  - 9.5.2.4. Carat breakdown size & forecasts, 2025-2035
- 9.5.3. Japan Diamond Jewelry Market
  - 9.5.3.1. Cut breakdown size & forecasts, 2025-2035
  - 9.5.3.2. Clarity breakdown size & forecasts, 2025-2035
  - 9.5.3.3. Color breakdown size & forecasts, 2025-2035
  - 9.5.3.4. Carat breakdown size & forecasts, 2025-2035
- 9.5.4. Australia Diamond Jewelry Market
  - 9.5.4.1. Cut breakdown size & forecasts, 2025-2035
  - 9.5.4.2. Clarity breakdown size & forecasts, 2025-2035
  - 9.5.4.3. Color breakdown size & forecasts, 2025-2035
  - 9.5.4.4. Carat breakdown size & forecasts, 2025-2035
- 9.5.5. South Korea Diamond Jewelry Market
  - 9.5.5.1. Cut breakdown size & forecasts, 2025-2035
  - 9.5.5.2. Clarity breakdown size & forecasts, 2025-2035
  - 9.5.5.3. Color breakdown size & forecasts, 2025-2035
  - 9.5.5.4. Carat breakdown size & forecasts, 2025-2035
- 9.5.6. Rest of APAC Diamond Jewelry Market
  - 9.5.6.1. Cut breakdown size & forecasts, 2025-2035
  - 9.5.6.2. Clarity breakdown size & forecasts, 2025-2035
  - 9.5.6.3. Color breakdown size & forecasts, 2025-2035
  - 9.5.6.4. Carat breakdown size & forecasts, 2025-2035
9.6. Latin America Diamond Jewelry Market
- 9.6.1. Brazil Diamond Jewelry Market
  - 9.6.1.1. Cut breakdown size & forecasts, 2025-2035
  - 9.6.1.2. Clarity breakdown size & forecasts, 2025-2035
  - 9.6.1.3. Color breakdown size & forecasts, 2025-2035
  - 9.6.1.4. Carat breakdown size & forecasts, 2025-2035
- 9.6.2. Mexico Diamond Jewelry Market
  - 9.6.2.1. Cut breakdown size & forecasts, 2025-2035
  - 9.6.2.2. Clarity breakdown size & forecasts, 2025-2035
  - 9.6.2.3. Color breakdown size & forecasts, 2025-2035
  - 9.6.2.4. Carat breakdown size & forecasts, 2025-2035
9.7. Middle East and Africa Diamond Jewelry Market
- 9.7.1. UAE Diamond Jewelry Market
  - 9.7.1.1. Cut breakdown size & forecasts, 2025-2035
  - 9.7.1.2. Clarity breakdown size & forecasts, 2025-2035
  - 9.7.1.3. Color breakdown size & forecasts, 2025-2035
  - 9.7.1.4. Carat breakdown size & forecasts, 2025-2035
- 9.7.2. Saudi Arabia (KSA) Diamond Jewelry Market
  - 9.7.2.1. Cut breakdown size & forecasts, 2025-2035
  - 9.7.2.2. Clarity breakdown size & forecasts, 2025-2035
  - 9.7.2.3. Color breakdown size & forecasts, 2025-2035
  - 9.7.2.4. Carat breakdown size & forecasts, 2025-2035
- 9.7.3. South Africa Diamond Jewelry Market
  - 9.7.3.1. Cut breakdown size & forecasts, 2025-2035
  - 9.7.3.2. Clarity breakdown size & forecasts, 2025-2035
  - 9.7.3.3. Color breakdown size & forecasts, 2025-2035
  - 9.7.3.4. Carat breakdown size & forecasts, 2025-2035

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Tiffany & Co.
- 10.2.1. Company Overview
- 10.2.2. Key Executives
- 10.2.3. Company Snapshot
- 10.2.4. Financial Performance (Subject to Data Availability)
- 10.2.5. Product/Services Port
- 10.2.6. Recent Development
- 10.2.7. Market Strategies
- 10.2.8. SWOT Analysis
10.3. Chow Tai Fook Jewellery Group
10.4. Signet Jewelers
10.5. Richemont
10.6. De Beers Group
10.7. Harry Winston
10.8. Malabar Gold & Diamonds
10.9. Buccellati
10.10. Blue Nile
10.11. Pandora Jewelry
10.12. Kalyan Jewellers
10.13. LVMH
10.14. Graff
10.15. Mikimoto
10.16. Cartier